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For sale
    • Price cut: $100K (7/10)
    $999,000

    487 PINELLAS BAYWAY S #207, ST PETERSBURG, FL 33715

    4beds
    2,970sqft
    : 
    $7,262/mo
    Get pre-qualified
    Townhouse
    Built in 1995
    3,899 Square Feet Lot
    $946,000 Zestimate®
    $336/sqft
    $500/mo HOA

    What's special

    Whole-house water softenerUpgraded cabinet storagePull-out shelving
    PRICE REDUCED! Tucked into Tierra Verde, this property gives you that “I’m on vacation” feeling the moment you arrive. Set along the new bike path and just minutes from Fort De Soto Park/Beach and Pass-a-Grille beach, this unit is an easy choice for anyone who wants to be close to the water without giving up everyday convenience. The main townhome offers 3 bedrooms and 2.5 bathrooms, with a layout that feels both open and practical. The kitchen was thoughtfully renovated with upgraded cabinet storage in mind, including pull-out shelving that makes organizing and accessing everything much easier. The primary bedroom includes a 3rd floor loft-style bonus space—perfect for a home office, reading nook, extra storage, or even a tucked-away sleeping area. Upstairs, the third bedroom has an additional flex space that could be used as storage or potentially expanded into another bathroom. There's even the ability to add an elevator if your heart desires! Out back, there’s a covered patio that works well for relaxing or entertaining year-round, along with a mature cactus garden featuring unique species—including dragonfruit cactus that will produce fruit. Above the detached two-car garage, there’s a separate 1-bedroom, 1-bath apartment. Whether you use it for guests, extended family, or an office/work space, it adds a lot of flexibility to the property. The home has been well cared for by its original owners and includes thoughtful updates like a newer roof (about a year old), a reverse osmosis system under the kitchen sink, and a whole-house water softener. The community pool sits right on the water, making it an easy spot to unwind at the end of the day. And for peace of mind—this property had no flooding or damage from recent storms, including Helene and Milton. If you’ve been looking for a place that blends coastal living with versatility and solid upkeep, this one is worth a closer look.
    89 days
    |
    219
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Papi, LLC 813-763-8014,

    KELLER WILLIAMS TAMPA CENTRAL 813-865-0700

    Source: Stellar MLS,MLS#: TB8505494MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Linen Closet
      • Level: Second
      • Area: 506.09 Square Feet
      • Dimensions: 22.1x22.9
      Kitchen
      • Level: First
      • Area: 208.74 Square Feet
      • Dimensions: 14.7x14.2
      Living room
      • Level: First
      • Area: 388.01 Square Feet
      • Dimensions: 16.1x24.1
      Loft
      • Level: Second
      • Area: 153.27 Square Feet
      • Dimensions: 11.7x13.1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Oven, Cooktop, Dishwasher, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters
      • Flooring: Carpet, Luxury Vinyl, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,970
      • Total interior livable area: 2,970 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Rear Porch, Screened
      • Exterior features: Awning(s), Balcony, Courtyard, Rain Gutters
      • On waterfront: Yes
      • Waterfront features: Waterfront
      Lot
      • Size: 3,899 Square Feet
      Details
      • Parcel number: 203216113520000140
      • Zoning: RM-15
      • Special conditions: None

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Dock, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Pool
      • Pet fee: $0 monthly
      • Subdivision: BRIDGEWATER TWNHMS
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Common Area Taxes, Community Pool, Reserve Fund, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
      • HOA fee: $500 monthly
      • HOA name: Ben Davis
      • HOA phone: 727-867-9362
      Location
      • Region: Tierra Verde

      Financial & listing details

      • Price per square foot: $336/sqft
      • Tax assessed value: $562,065
      • Annual tax amount: $2,961
      • Date on market: 5/5/2026
      • Cumulative days on market: 90 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        $946,000

        $899,000 - $993,000

        $5,031/mo

        Price history

        DateEventPrice
        7/10/2026Price change$999,000-9.1%$336/sqft
        Source: Stellar MLS #TB8505494 Report a problem
        5/26/2026Price change$1,099,000-8.3%$370/sqft
        Source: Stellar MLS #TB8505494 Report a problem
        5/5/2026Listed for sale$1,199,000+617.1%$404/sqft
        Source: Stellar MLS #TB8505494 Report a problem
        12/5/1995Sold$167,200$56/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,962 +6.3%$209,200 +2.9%
        2024$2,787 +1%$203,304 +3%
        2023$2,760 +2.1%$197,383 +3%
        2022$2,703 -1.4%$191,634 +3%
        2021$2,740 +0.3%$186,052 +1.4%
        2020$2,732 +1.9%$183,483 +2.3%
        2019$2,682 $179,358 +1.9%
        2018$2,682 +1.5%$176,014 +2.1%
        2017$2,643 +1.8%$172,394 +2.1%
        2016$2,596 -1.7%$168,848 +0.7%
        2015$2,640 +0.6%$167,674 +0.8%
        2014$2,624 -1.1%$166,343 +1.5%
        2013$2,654 +9%$163,885 +1.7%
        2012$2,434 $161,146 +3%
        2011-- $156,452 +1.5%
        2010-- $154,140 -19%
        2009-- $190,336 -16%
        2008$3,557 $226,600 -4.2%
        2007-- $236,594 +5.6%
        2005-- $224,100 -12.9%
        2004$4,075 +2.2%$257,300 +19.2%
        2003$3,986 -0.2%$215,900 -0.5%
        2002$3,994 $217,000 +11.3%
        2001$3,994 +45.2%$194,900 +44.9%
        2000$2,750 $134,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33715

        Getting around

        2 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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